This mid-terrace property, situated in the heart of Louth's conservation area, presents a significant investment opportunity. Located within walking distance to the town centre and its array of amenities, the property currently generates an annual rental income of £17,220 from a ground floor flat and four bedsits. While the interior requires comprehensive modernisation, this provides a blank canvas for investors or homeowners looking to enhance value through refurbishment. The spacious layout includes a ground floor flat featuring two bedrooms, living areas with fireplaces, kitchen and bathroom facilities, along with four additional bedsits on the upper floors. Each bedsit is complete with its own sink and ample natural light from single-glazed windows. Outside, there is a manageable rear courtyard garden and a brick store. Louth itself boasts rich local culture with historic sites, parks, independent shops, and excellent schooling options—making it an appealing location for potential tenants or future buyers. Enhancing this property could yield substantial financial returns in an area known for its desirability.